Cost of Living in Colesville, MD

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

197.9

100 = national avg

+97.9 vs national average

Living Wage (1 Adult)

$87,070

per year

Living Wage (Family of 4)

$205,802

per year

Cost Index by Category

Housing

243.9

Food

150.1

Transportation

200.3

Healthcare

140.1

Utilities

158.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in Colesville is 197.9, which is 97.9% above the national average. Housing costs are above the national average at an index of 243.9. A single adult needs to earn approximately $87,070 per year to cover basic expenses.